Calculate the mle estimate for mean, Applied Statistics

Assignment Help:

Each section of the SAT test is supposed to be distributed normally with a mean of 500 and a standard deviation of 100. Suppose 5 students in a class took the SAT math test. They received the following scores: 400, 450, 575, 600, and 625.

(a) Assuming a normal distribution, write out the likelihood function for estimating the mean μ and standard deviation σ of the average class score.

(b) Calculate the MLE estimate for μ and the standard deviation (σ) for this class.

(c) What is the value of the log-likelihood function at this estimate?

(d) What is the least-squares estimate for μ and σ in your data? Are there any differences? Why or why not?

(e) Using a likelihood-ratio test, test whether the MLE estimates from the class are significantly different from the national mean of 500 and national standard deviation of 100.

(Hint: Start by plugging those values into your log-likelihood function. Remember you are testing two restrictions).


Related Discussions:- Calculate the mle estimate for mean

The incidence of occupational disease , The incidence of occupational disea...

The incidence of occupational disease in an industry is such that the workers have a 20% chance of suffering from it. What is the probability that out of six workers 4 or more will

Sequential sampling, Sequential Sampling Under this method, a number of...

Sequential Sampling Under this method, a number of sample lots are drawn one after another from a universe depending on the results of the earlier samples. Such sampling is gen

Large sample test for mean, Large Sample Test for Mean A random sample ...

Large Sample Test for Mean A random sample of size n (n > 30) has a sample mean    . To test the hypothesis that the population mean μ has a specified value  μ 0  let us formu

Classification of universe, Classification of Universe The universe may...

Classification of Universe The universe may be classified either on the basis of number of units and on the basis   of existence of units as is clear from the following chart :

Probability function, Among the students doing a given course, there are fo...

Among the students doing a given course, there are four boys enrolled in the ordinary version of the course, six girls enrolled in the ordinary version of the course,and six boys e

Harmonic mean, The Harmonic Mean is based on the reciprocals of numbers ave...

The Harmonic Mean is based on the reciprocals of numbers averaged. It is defined as the reciprocal of the arithmetic mean of the reciprocal of the given individual observations. Th

ANOVA, Your company operates a machine shop, and, having heard you had expe...

Your company operates a machine shop, and, having heard you had experience in statistics and design of experiments, consulted you for your opinion on an experiment they want to run

Determine how the ordinary least squares, Question Following the general...

Question Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good com

Control chart, construction of control chart,n chart

construction of control chart,n chart

Techniques, Q. 1 a) Describe the important quantitative techniques used in ...

Q. 1 a) Describe the important quantitative techniques used in public system management. (10) b) Do you think the day will come when all decisions are made with the assistance of

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd